Principles of Economics (Honors)
Course Description:
This accelerated nine-week course satisfies the economics requirement
for graduation and includes a study of fundamental concepts, economic
systems, government regulation, microeconomics, macroeconomics, and
international trade. Focus areas include opportunity costs and scarcity,
supply/demand analysis, competitive markets, measurement of the
economy, business cycles, inflation, unemployment, monetary and fiscal
policies, and international economics. In addition, students will learn
personal finance which they can apply to their lives long after the
course. This includes credit cards, saving and investing, insurance,
retirement planning, banking, taxes, etc. In addition to direct instruction,
students will also participate in economic simulations of supply and
demand, opportunity cost, inflation, the Federal Reserve, currency
exchange rates, and more. Current events will be applied frequently and
students will be expected to use economic analysis to explain those
events in written and/or graphical fashion. Students may also research
and participate in economic debates on such topics as tax policy, the
minimum wage, outsourcing of jobs, government regulation, and more.
Pre-requisites: U.S. History
Grade Level: 12
Terms Offered: Fall & Spring
Units of Credit: 0.5
Quality Points: 0.5